| |
| |
|
Casino & Gambling Information |
|
|
|
A NO B.S. Explanation of Spread Betting For Newbies
Note: The goal of this article is to give you the basic idea and an overview of what index betting. It is not meant to be a comprehensive and detailed explanation of the game. Index betting, otherwise referred as Spread Betting is a bet type, where you are rewarded by the degree, in which you are correct in selecting a winner of a sporting event. The amount you stand to either win or lose is not fixed, and therefore, with index betting, you never really know just how much money you will win (or lose), until after the event is over, or until you have 'closed out' your bet. Now straight up, I must say, that this form of betting appeals only to certain types of punters, because this can be a volatile type of investment. If the game or match doesn't go as planned, you can be exposed to fairly hefty losses, because your downside can be, to an extent, unlimited. Anyone, who has traded options on the share market, should grasp this concept without too much trouble. The concept is similar to that of the stock market, where if you like a team/player you 'buy', but if you think that the team/player will perform below market (or the bookmaker's) expectations, you would 'sell'. Spread companies offer a number of different markets on the one game/match. In some cases, it is staggering as to the number of index markets that they offer on the one event. The more common of these are the total point markets (where you bet on the total of the outcome scores), match margin (predicting the winning margin), and the performance indices (examples would be betting the finishing position of a player in a golf tournament, or the finishing position of a driver in a Formula One race). Best Explained With an Example. A Rugby Union match between Australia and England. The total points market is 44 - 47. This means that if you fancy that the game will be a high scoring game, and that both teams will score more than 47, you buy at 47. If the end total for the game were 57 points, then you would be correct, and you win ten times your stake. In this example your stake is $10 per point, and $10 x 10 equals a profit of $100. However, if the game total were only 37 points, you would be wrong to the tune of ten points, thus losing $100 (the difference between the buy price at 47 and the actual score). The difference between the buy and sell prices is how the bookmaker makes his money. Let's look at a cricket game between Australia and England. Australia is batting first, and the quote reads 220 - 230 for Australian runs. If you believe that Australia will make more than 230 runs, you buy. If you believe that Australia will make less than 220 runs, you sell. Australia goes on to make 290 runs after a brilliant knock by Matthew Hayden. If you had bought Australian runs, you would be correct by 60 runs (290 - 230). You would collect 60 times your stake. However, if Australia finds it difficult to score runs, and makes just 170, you will be wrong by 60 runs (230 - 170), thus losing 60 times your stake or $600 if you are using $10 as a unit. Be aware, that the bookmaker naturally biases the spread in favour of the buy price. That is to say, we have an inherent built-in disadvantage betting the buy price, because of the way the bookmaker structures his spreads. He attempts to make the buy price less appealing, because of the disproportional number of punters who bet on buy prices. There is much more demand for the buy price than for the sell. After all, the nature of a punter is to find a team or player who will perform well, as opposed to seeking teams/players who the punter believes will perform poorly. So keep this in mind, if you think that index betting is for you. You will find it much easier targeting the sell prices. Of course, this is not to say, that you can't find good bets buying, but just, that they are a little more difficult to find. You may make a play at how many points a team will score over the regular season. For example, you believe that NZ Warriors are set for an ordinary year, so you sell at the spread of 31 - 33. This means, that you are betting, that the Warriors will score less than 31 points over the course of the season. Starting off, it can be quite confusing getting your head around the concept. (I know, because it took me some time to understand fully and to grasp what was going on, and how I could make money from this type of betting.) This article has been just a very short overview of spread betting. If you are interested in the concept, and would like further information, go to www.puntingace.com and we have links to firms that deal in exactly this. Spread betting is certainly not for everyone, and if you are not 100% confident in understanding the spread betting market, then I would seriously suggest that you stay out of it, until you gain more knowledge. You certainly can make a lot of money from successful spread betting, but the opposite is also true, you can lose a lot of money, if it all goes pear shape. Australians Matt Elliott and Jess Kirley of http://www.puntingace.com , have been investing together professionally on sports for over 3 years now. They take a very mathematical approach to their betting, and liken it more trading a commosity like stocks than actual gambling. They continue to lead the industry with innovative approaches to sports betting and their reputation among their peers is a testinmony to that. Visit http://www.puntingace.com to discover how you too can turn your hobby of betting into a profitable endeavour.
MORE RESOURCES:
Casino-Gambling - Google News |
|
|
|
RELATED ARTICLES
2005 AFC North Football Preview In the AFC North I expect to see the Pittsburgh Steelers who posted a mark of 16-2 straight up and 11-7 ATS overall last season to win a close divisional battle over the Baltimore Ravens who finished up their 2004 campaign with a 9-7 straight up and ATS mark and over a much improved Cincinnati Bengal team that finished with an 8-8 straight up record for the second straight year in 2004, the Brownies once again look to pull up the rear in what should prove to be the toughest division in the NFL in 2005.Pittsburgh has a tough row to hoe this season, the Steelers only have five games on the 2005 docket against 2004 playoff teams but four of those affairs take place on the road and that includes Monday Night road games at San Diego and at Indianapolis, overall the Steelers will play 10 of their 16 games against teams that posted . Pyramid Solitaire: A Strategy Guide For Beginners Pyramid Solitaire is a fun solitaire game, with a very distinctive opening tableau in the shape of a pyramid. There is a large element of luck involved, but there are certain strategies that can be used to dramatically increase your chances of winning. Horse Racing Betting, The Risk Free Way You may or may not of heard of all this talk about been a change to horse racing betting where you can bet on horse races risk free.Yes that's right, Risk Free!Now this isn't some bogus system that gives you one horse that is guaranteed to win, it isn't even like normal gambling. 2005 AFC East Football Preview In the AFC East I expect to see the Patriots drop off a bit, but not much, the reason for the projected drop off is mainly due to the fact that the Patriots will be without the services of offensive coordinator Charlie Weis and defensive coordinator Romeo Crennel, both have moved on to head coaching positions, Weis with Notre Dame and Crennel with the Cleveland Browns. Eric Mangini is the new defensive coordinator, while Bill Belichick will be calling the plays on offense himself. Halftime Wagering Part 1 - Hedging Your Bet: Halftime wagering is done exactly how it sounds.. Is Advertising Online Gambling Illegal in the State of Washington? I wished to create a website to advertise Online Gambling to persons living in jurisdictions where Online Gambling isn't illegal. Prior to creating the website, I did some research to find out if advertising Online Gambling via a website located in the U. College Football Betting - Point Spreads But, in the college ranks, you see those types of spreads all the time. This is where betting college and pros differ and here are a few more options to think about when you are going to bet in the NCAA ranks. YOUR Advantage With Online Poker Table Notes The importance of taking notes on your opponents can't be stressed enough. The more you play, the more you value the information that you have collected on each player at your table. Avoid These 4 Roulette Myths and Play Like a Pro! Roulette is a fun exciting and simple game to play, requiring no skill. This makes it very popular. Roulette System: Spread the News and Beat the Casino Legally Discover the truth, the real secret behind successful business without playing roulette game. (It may not be what you think!)In this article, let's take a look at how money is really made without playing roulette at casino. Your POSITION Of Power In Holdem In Hold'em poker, the importance of your position in relation to the dealer can not be stressed enough. The reason for learning position is that the later your position is the more information you will have about the other players. Casino Olympics It's been advertised globally and has been poised to be the 'biggest online casino event' that the industry has seen yet and it's even been compared to the Olympics, but does the International Casino Games have what it takes. Lil' Dice takes a look at the online casino industry's latest trend towards multi-player tournaments and unimaginable prize pools that are believed to be the biggest in the industry. Tips To Ponder Before Buying A Poker Table Poker tables come in al shapes, sizes and prices.Folding poker tables are reasonable priced and can easily be stored away or brought with you to the cottage or a friend's houseRacetrack poker tables are probably the most popular tables on the market. My Casino Blackjack Variation Game I have played millions of hands of blackjack. I started sneaking into the casinos when I was 16. Types of Poker Players Most poker players fall into one of four categories, and once you're experienced enough, you'll be able to place your opponents into particular groups very quickly. This is a detailed definition of the different types of poker players you'll find. How YOU can Regress the Six and Eight! The CrapshooterWhat are the secrets of regressing the Six and Eight?Pssst.. How to Profit at Online Poker Over the Long Run The first and most important step is to take notes. Use a spreadsheet. How to Win Texas Holdem Texas Hold'em.. Megabucks Slot Machine "Deposit, click, pull, spin, bells, lights, wait, patience, one, two, three?repeat? again?"The humming song of the one-arm bandit - the slot machine. How far gambling has come (and not!) Some things have changed dramatically with on-line gambling and even virtual slot machines, now almost as comfortable, accessible and acceptable as watching television, flooding search engines and alive and well through pop-ups and other electronic marketing media - other gambling icons have stayed hauntingly the same, or at least so it appears, including the presence of slot machines on the traditional gambling scene. My Official Cheapskate Guide to Las Vegas TRAVEL- The following is my penny pinchers guide to Las Vegas. The best way to cut your vacation costs is to travel cheap.
|
| home | site map |
| © 2006 |
